MagnusTradingGroup

complex consolidation, timing & targets

BITFINEX:BTCUSD   Bitcoin / Dollar
Depending on what side of the triangle (bottom / top)
the price is closer to while approaching the 0.764 fib-time,
you can start scaling into the respective trade.

Make sure not to buy into a potentially premature breakout at point (E).

Targets are based on projections of the widest distance within the triangle, down / up from the apex.
For the up-target the absolute value is used, for the down-target the % value.

If you have any questions feel free to leave a comment bellow.
beamer
a year ago
higher high and lower low. There can be only one direction it's heading to!
Reply
MagnusTradingGroup beamer
a year ago
*higher low :)
+1 Reply
beamer MagnusTradingGroup
a year ago
oh yeah my bad lol
Reply
nice chart bru
Reply
Johnster101
a year ago
What can I say...
Reply
ChartArt
a year ago
It is possible yes, but only if my own scenario is falsified this week :D

Short term pullback with BitLicense news
+1 Reply
khoilevt
a year ago
That's cool ...
+1 Reply
NICE CHART
+1 Reply
The_Padster
a year ago
We near take off?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out